AU
UK
CA
NZ
IND
US
Introduction: Industrial Technology Group Shows Resilience in Soft Macro Conditions
Key Drivers Heading into Today’s Session
Market Movers:On Wednesday, the top gainers were Babcock & Wilcox Enterprises, Inc. (+45.68%), followed by Texxon Holding Limited. (+44.94%). On the contrary, TMD Energy Limited. (-45.30%), and Battalion Oil Corporation. (-32.91%) declined the most the same day.
Biotechnology Sector Analysis: Moderna Clears a Major Legal Overhang
Market Movers:On Tuesday, the top gainers were Battalion Oil Corporation (+134.58%), followed by Edesa Biotech, Inc. (+90.79%). On the contrary, Abundia Global Impact Group Inc. (-33.82%), and Power Solutions International, Inc. (-28.97%) declined the most the same day.
U.S. stock futures are modestly lower Wednesday, reflecting a broad risk-off tone after a steep selloff in Asia and surging oil prices overnight. Asian markets tumbled on the widening Middle East conflict: South Korea’s KOSPI plunged a record 12% while Japan’s Nikkei fell about …
Big technology stocks are no longer leading the market higher. TheNasdaq-100is down about 0.5% year to date, while the Russell 2000 has rallied roughly 5%, highlighting a growing rotation away from mega-cap names into small-cap and penny stocks.
U.S. equities extended losses Tuesday as surging oil prices, rising bond yields and escalating Middle East tensions fuelled inflation concerns. TheNasdaq-100fell 1.09%, while theS&P 500declined 0.94% to a 3.25-month low and theDow Jones Industrial Averagedropped 0.83% to a 2.75-month low.
What Is Happening Right Now?
Please wait processing your request...